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Lab Questions Visit The Ascent of Money: Risky Business and watch the video. Why do people buy insurance? How does Hurricane Katrina illustrate the problem

Lab Questions

Visit The Ascent of Money: Risky Business and watch the video.

Why do people buy insurance?
How does Hurricane Katrina illustrate the problem with insurance?
How did the first insurance fund develop?
Which country used a form of the welfare state before countries like the United States?
What was the economic relationship between Chicago and Chile?
What was the problem with Japans welfare state?
What are the other options to insurance?
Do you think insurance is a good thing for people? Why or why not?

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